Baltimore Checkbook

More than 1 million GM trucks recalled for seat...

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More than 1 million General Motors pickup trucks are being recalled worldwide because of a seat belt safety issue.



from http://www.wbaltv.com/national/more-than-1-million-gm-trucks-recalled-for-seat-belt-problem/39042836

Apple recovered 2,204 pounds of gold from broken...

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As if Apple needed the cash, the company has discovered a way to make tens of millions of dollars off of old, broken, unwanted iPhones.



from http://www.wbaltv.com/money/apple-recovered-2204-pounds-of-gold-from-broken-iphones-last-year/39042492

Sneak peek at College Park's first new...

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After doing brisk apartment business in College Park for more than 20 years, building The Hotel at University of Maryland has become a no-brainer for its developer. Southern Management Corp. CEO David Hillman said he looked no further than the university itself, which books 80,000 to 90,000 room nights a year — most of which end up going outside of Prince George’s County. There are a few motels along U.S. Route 1 in College Park, but they are mostly dated, limited-service hotels. Not quite…

Here's a look at how Baltimore-area companies are...

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Where else can you visit an operating room, a battlefield and an energy company’s office — all in the span of 10 minutes — besides in virtual reality? The idea of virtual reality was once confined to science fiction books and movies, but now its hitting the mass market. Companies like Facebook-owned Oculus, HTC, Sony and Samsung have all either released, or have plans to release, their own mass-market virtual reality headsets with thousands of possible uses. By 2020, many experts are predicting…

The five largest local employee benefits...

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Little has changed from last year’s List of Baltimore-area employee benefits administrators with the most premiums in Maryland. Kelly & Associates Insurance Group remains No. 1 with $1.9 billion in 2015 Maryland premiums, covering 595,441 Maryland residents. Below, you can see the top five companies that made this week’s List. Subscribers can view the full list here, in addition to our other list of health care systems here. 5. Employee One Benefit Solutions Address: 921 E. Fort Ave., Baltimore…

8 things you need to know this morning

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Good morning, and happy Friday! There’s sunshine abound this weekend, so get out there and enjoy the nice weather. Unfortunately, the O’s are away all weekend, so finally enjoying a spring baseball game is out of the question. Here are eight things you need to know to get your Friday started. Baltimore State’s Attorney Marilyn Mosby will not reopen the case of Tyrone West, who died in police custody in 2013. Mosby said no new evidence had presented itself during her investigation. Baltimore Sun…

Baltimore-area companies lead Maryland venture...

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Baltimore-area companies accounted for eight of the 10 biggest venture capital deals in the state during the first quarter of 2016. Maryland companies raised a total of $109.8 million in 19 deals during the first quarter, up from $97 million invested in 14 deals the same quarter last year, according to a MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. The amount invested in Maryland is up 13 percent and the number of deals…

Amazon lets Seattle's homeless move into one of...

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Amazon has offered the use of one of its buildings in Seattle to help ease the city’s declared state of emergency on homelessness.



from http://www.wbaltv.com/money/amazon-lets-seattles-homeless-move-into-one-of-its-buildings/39030294

New York drivers might get mandatory 'textalyzer'...

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Some New York state lawmakers, seeking to curb texting while driving, want to force drivers to hand over their phones to police officers after a car crash.



from http://www.wbaltv.com/money/new-york-drivers-might-get-mandatory-textalyzer-phone-scans/39032146

$76M grant for road work at Port Covington depends...

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The Maryland Transportation Authority this week filed an application for $76 million in federal transportation funds to help pay for several planned road projects in the massive Port Covington development, but there may be one roadblock. The application for U.S. Department of Transportation “Fastlane” grant funds is based on the speedy passage of a $535 million tax increment financing, or TIF, request by city officials. “If they don’t pass the TIF, the [grant request] would go away,” said John…